Tag Delaware mortgages

Tag Delaware mortgages

Delaware Mortgage Rate Weekly Update for February 27 2012

John Thomas February 27, 2012 Tags: , , , ,

Delaware mortgage rate weekly update for the week of February 27, 2012, with John R. Thomas from Primary Residential Mortgage in Newark, Delaware. Advice on Floating or Locking your Delaware mortgage interest rate. Call 302-703-0727 for a free mortgage planning consultation or APPLY ONLINE.

Delaware mortgage rates improved at the end of last week breaking the trend from the previous week that saw interest rates rising.  The mortgage bond is now trending higher again which means mortgage rates are trending lower.  The pattern for the past couple of weeks has been like a roller coaster.  I recommend FLOATING your Delaware mortgage rate as we see if the trend of lower rates can hold. We need to watch the PCE report this week which is a measure of inflation, if this comes out hotter than expected we could see rates reverse and trend higher again. Keep Reading...

Delaware Mortgage Rates Weekly Update for February 13, 2012

John Thomas February 13, 2012 Tags: , , , , ,

Delaware Morgage Rates Weekly Update for February 13, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 for a free mortgage planning consultation or APPLY ONLINE.

Delaware mortgage rates weekly update by John R. Thomas

Delaware mortgage rates have started the week slightly higher as bond market has sold off last week and started a downward trend. When bond prices move down mortgage interest rates move up. The stock market has been having a great start to 2012, S&P is up 7.5% year to date as of February 10, 2012, this has taken money out of the bond market causing home loan rates to rise from historic lows. Keep Reading...

Delaware Mortgage Rates Weekly Update for January 30 2012

John Thomas January 30, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for January 30, 2012, by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 for a free mortgage consultation if you are planning to purchase or refinance a home in Delaware or APPLY ONLINE.

Delaware mortgage rates weekly update for January 30, 2012

Delaware mortgage rates touched all-time lows again when the mortgage bonds were traded to all-time record high on the news that Europe punted on fixing the debt concerns, Federal Reserve extend forecast for low rates from 2013 to the end of 2014 which signals economy is not expected to rebound anytime soon, and the GDP report showing only a 2.8% versus the expected 3.2%. Keep Reading...

Delaware Mortgage Rates Weekly Update for January 23, 2012

John Thomas January 23, 2012 Tags: , , , ,

Delaware mortgage rates weekly update for the week of January 23, 2012, brought to you by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 to request a free mortgage planning consultation or APPLY ONLINE.

Delaware Mortgage Rates Weekly Update for January 23, 2012

Delaware mortgage rates opened worse today as the mortgage bond market sold off last week. Mortgage bonds are off their all-time highs so Delaware mortgage rates have increased from the all-time historic lows. The reading on inflation last week came our hotter than expected for the Producer Price Index at about 3%. News of a deal almost reached for solving the debt problem in Greece also was seen as good news so traders were moving money out of the bonds and into stocks. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 16, 2012

John Thomas January 16, 2012 Tags: , ,

Delaware Mortgage Rates Weekly Update for January 16, 2012 by John R. Thomas from Primary Residential Mortgage

Delaware Mortgage Rates

The Mortgage Bond Market was closed today for Martin Luther King Jr Holiday. Mortgage bonds continue to trade at all-time highs which means mortgage rates are still at all-time historic lows. So now is still a great time to purchase a home or refinance your current Delaware Home Loan. Consumer Sentiment came in at a level not seen since May of 2011 but the real picture for shopping was shown in December sales at only 0.1% increase over November versus 0.4% expected. This was because retailers had to discount to get the sales which cut profits. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 9, 2012

John Thomas January 9, 2012 Tags: , ,

Delaware Mortgage Rates weekly update for the week of January 9, 2012 – Call 302-703-0727 to apply for a Delaware mortgage loan for the purchase or refinance of a home in Delaware or APPLY ONLINE.

Delaware mortgage rates are still at all-time lows even after Friday’s job report of 200,000 jobs created and the unemployment rate coming down to 8.5%. Mortgage rates were able to stay at all time lows because the 8.5% unemployment rate is not telling the whole story, it doesn’t include all the people that stopped looking for work or that have accepted part-time work. The crisis in Europe continues and is helping to support low mortgage rates. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 3, 2012

John Thomas January 3, 2012 Tags: , ,

Delaware Mortgage Rates Weekly Update for January 3 , 2012


Delaware mortgage rates are still at all-time historic lows which makes it the perfect time to refinance or purchase a new home. Call 302-703-0727 to apply now for a Delaware Home Loan or you can APPLY ONLINE. Mortgage Bonds started off the new year trading lower but recovered and ended at close to historically high level. The troubles in Europe are still causing traders to seek the safe haven trade of US bonds and treasuries.

I am recommending LOCKING your Delaware mortgage rate for the short term as rates are at all-time lows so the risk is that they will rise short term.  Long term out past 30 days you can float your rate. Call 302-703-0727 to have a free mortgage planning consultation or you can APPLY ONLINE. Keep Reading...

Delaware Mortgage Rates Weekly Update – December 19, 2011

John Thomas December 22, 2011 Tags: ,

Delaware mortgage rates weekly update for the week of December 19, 2011

You can apply for a Delaware Home Loan by calling 302-703-0727 or you can APPLY ONLINE.

Delaware mortgage rates have held pretty steady at historical lows even in the face of some good economic news. Jobless claims came in at lowest number since May 2008 at 366,000. Typically good economic news moves interest rates higher but the crisis in Europe and the Federal Reserve stepping in to purchase mortgage-backed securities has kept Delaware mortgage rates at historic lows. Keep Reading...